The unemployment rate in the country has increased. So many people are planning to start their own business in search of income.Â
If you want to start a business, then you can get a loan without guarantee under PM Mudra Yojana. The purpose of this scheme of the government is to promote self-employment. In this, you are not charged any kind of processing charge for the loan.
Three types of loans are given under PM Mudra Yojana. This includes Shishu Loan, Kishor Loan and Tarun Loan. You can take any of these loan types as per your requirement.
Under the PM Mudra Yojana scheme, loans ranging from Rs 50,000 to Rs 10 lakh are given. However, you will need a Mudra card to avail the loan. With this card, you can spend to buy the necessary equipment related to your business.
In this, you get Rs 50,000 in Shishu loan. Second Kishore loan can be taken from Rs 50,000 to Rs 5 lakh. Similarly, in the third Tarun loan, you can get a loan of up to Rs 10 lakh. If you want to take advantage of PM Mudra Yojana scheme, then you can apply by visiting the official website of PM Mudra Yojana.
These documents will be needed
To get a loan under PM Mudra Yojana, you must have proof of Aadhar card, PAN card, permanent address, full business address. A copy of the three-year balance sheet, income tax return and self-tax return and a passport size photograph is required.
Know how to apply
First of all you have to visit the official website of PM Mudra. On the home page, you will see the options of Shishu Loan, Kishor Loan, and Tarun Loan. You have to click on the category in which you want the loan. From here you can download the form. Enter all the information asked in the form.
